‘Candidate shortage’ for North Sea jobs as oil price back at $100

There is a “candidate shortage” for the increasing levels of work being seen in the North Sea with the oil price now beyond $100.

However it remains “very unlikely” that the industry will see a jobs resurgence to cover the thousands lost during the Covid-19 pandemic.

Commodity prices have been surging even before the invasion of Ukraine, going beyond $130 last week but since retreating to below $110.